Answer: He must have atleast 98 points on the next exam in order to get an average of 92 points.
Step-by-step explanation: To calculate average, you need to add all the numbers given, and divide the sum by how many numbers there are. 87 + 89 + 94 + 98 (equals 368), and divide 368 by 4. You will get the average of 92 as its result.
The statement indicates that a store has clearance items that have been marked down by 60% and this means that you have to pay 40% of the price as:
100%-60%=40%
Now, the statement says that the are advertising an additional 45% off clearance items which means that you will have a 45% discount on the 40% of the original price. So, you have to calculate 45% of 40 and subtract that from 40 to find the percentage that you will end up paying:
40*45%=18
40-18=22
According to this, the answer is that you end up paying 22% of the original price.